1.

Explain What Is Non-fund Based Lending?

Answer»

Non fund based LENDING, where the lending bank does not commit any physical outflow of funds. The funds POSITION of the lending bank remains intact. The non-funding based lending can be MAID in TWO FORMS:

  1. Bank Guarantees
  2. Letter of Credit

Non fund based lending, where the lending bank does not commit any physical outflow of funds. The funds position of the lending bank remains intact. The non-funding based lending can be maid in two forms:



Discussion

No Comment Found